World Investment Advisors Takes Position in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)

World Investment Advisors bought a new stake in Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,543 shares of the company’s stock, valued at approximately $968,000. World Investment Advisors owned 0.08% of Invesco Variable Rate Investment Grade ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Asset Allocation Strategies LLC purchased a new position in Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at about $658,000. Fiduciary Alliance LLC lifted its stake in shares of Invesco Variable Rate Investment Grade ETF by 14.1% in the fourth quarter. Fiduciary Alliance LLC now owns 113,963 shares of the company’s stock worth $2,862,000 after acquiring an additional 14,080 shares in the last quarter. Sunflower Bank N.A. boosted its holdings in Invesco Variable Rate Investment Grade ETF by 2.6% in the fourth quarter. Sunflower Bank N.A. now owns 528,671 shares of the company’s stock valued at $13,278,000 after purchasing an additional 13,430 shares during the last quarter. Heritage Family Offices LLP grew its stake in Invesco Variable Rate Investment Grade ETF by 13.0% during the 4th quarter. Heritage Family Offices LLP now owns 41,249 shares of the company’s stock valued at $1,036,000 after purchasing an additional 4,751 shares in the last quarter. Finally, Goldstone Financial Group LLC increased its holdings in Invesco Variable Rate Investment Grade ETF by 9.9% during the 4th quarter. Goldstone Financial Group LLC now owns 438,845 shares of the company’s stock worth $11,022,000 after purchasing an additional 39,583 shares during the last quarter.

Invesco Variable Rate Investment Grade ETF Stock Down 0.2 %

Shares of VRIG opened at $25.03 on Monday. Invesco Variable Rate Investment Grade ETF has a 52-week low of $25.02 and a 52-week high of $25.24. The business’s 50 day moving average is $25.12 and its two-hundred day moving average is $25.12.

Invesco Variable Rate Investment Grade ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.0986 dividend. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco Variable Rate Investment Grade ETF

The Invesco Variable Rate Investment Grade ETF (VRIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities.